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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities    
Net income $ 53,091 $ 145,286
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 157,686 110,128
Amortization of items charged to interest expense 4,300 3,290
Accretion of settlement value on long term obligation 1,217  
Loss (gain) on sale of fixed assets 2,675 (1,037)
Hollywood St. Louis tornado deductible charges 2,500  
Gain from unconsolidated affiliates (5,542) (2,739)
Distributions of earnings from unconsolidated affiliates 9,000  
Deferred income taxes 10,720 (14,383)
Charge for stock-based compensation 11,701 15,307
Impairment losses 71,846  
Gain on investment in corporate debt securities (1,325)  
(Increase) decrease, net of businesses acquired    
Accounts receivable (188) (505)
Insurance receivable (510) 1,072
Prepaid expenses and other current assets 31,614 11,316
Other assets (23,330) (5,191)
(Decrease) increase, net of businesses acquired    
Accounts payable (3,272) (2,647)
Accrued expenses (30,990) (7,026)
Accrued interest (2,041) (646)
Accrued salaries and wages (15,605) (9,895)
Gaming, pari-mutuel, property and other taxes 10,247 (4,008)
Income taxes   (15,278)
Other current and noncurrent liabilities 3,552 4,506
Other noncurrent tax liabilities 4,084 3,336
Net cash provided by operating activities 291,430 230,886
Investing activities    
Capital project expenditures, net of reimbursements (70,771) (201,948)
Capital maintenance expenditures (45,846) (52,230)
Proceeds from sale of property and equipment 2,818 2,803
Proceeds from investment in corporate debt securities 6,679  
Investment in joint ventures (500) (39,600)
Decrease in cash in escrow 26,000 15,500
Acquisition of gaming licenses, net of acquisition of businesses (52) (50,000)
Net cash used in investing activities (81,672) (325,475)
Financing activities    
Proceeds from exercise of options 32,805 8,534
Repurchase of preferred stock (22,275)  
Proceeds from issuance of long-term debt, net of issuance costs 20,064 151,932
Principal payments on long-term debt (275,713) (93,305)
Proceeds from insurance financing 15,306  
Payments on insurance financing (11,037) (9,364)
Tax benefit from stock options exercised 5,760 2,478
Net cash (used in) provided by financing activities (235,090) 60,275
Net decrease in cash and cash equivalents (25,332) (34,314)
Cash and cash equivalents at beginning of year 260,467 238,440
Cash and cash equivalents at end of period 235,135 204,126
Supplemental disclosure    
Interest expense paid, net of amounts capitalized 52,020 33,035
Income taxes paid $ 28,248 $ 115,054